ORCL price prediction

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  • 14 October 2022
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aistockpriceprediction.com and DataFortress.cloud are not giving any trading advice. Statistics and opinions stated on this website are purely statistical, and should never be used for real life trading. Form your own decisions and speak with a registered investment advisor before investing.

Predicted price range for Oracle Corp

Our trading algorithm values Oracle Corp (ORCL) to be fairly valued.

The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.

NameValue
Our valuationfairly valued
Current trenddowntrend
Buy/Sell RecommendationNeutral
Current Price$65.2
60 Day Prediction$62.52
60 Day Pred - Lower Bound$59.14
60 Day Pred - Upper Bound$65.88

Our algorithm predicts the future trend with the linear formula (a*x + b = y):

$ price = -0.090 * nr_days_in_the_future + 65.210

Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.

Historic price development

ORCL traded at $65.2 this Friday October 14th, gaining since last week.

Looking back, over the last month, ORCL has been loosing $-3.87 or -5.935587312456719 percent.

Over the last year, it has been loosing $-31.86 or -48.86503389815039 percent.

Seasonality of Oracle Corp

Using our AI model, we have been analyzing the value change for Oracle Corp depending on the day or month of a year. This can be seen in the following graph: